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Specialty lines
Markel board taps advisers for business review following Jana feedback
The board will lead the review following feedback from shareholders including activist investor Jana.
Jairo Ibarra
,
05 February 2025
Catastrophe losses
USAA’s $1.6bn-$2.2bn wildfire loss implies first-layer reinsurance hit
The carrier’s Eaton Fire loss would be a retained net loss hit.
Jai Singh
,
05 February 2025
Talent
Axis promotes Cucciniello to head of primary casualty
The underwriter has worked at Axis for a decade.
Rachel Dalton
,
05 February 2025
Renewals
Arundo Re writes EUR970mn at 1.1, up 13%
The carrier reported expansion in financial lines and marine.
Rachel Dalton
,
05 February 2025
Lloyd’s
Lloyd’s re-evaluating BP2 strategy with phased cutover an option
Conclusions on possible options will be shared at the end of Q1.
Stephanie Denton
,
05 February 2025
Bermuda
Bermuda Supreme Court sanctions scheme of arrangement for R&Q Re
The restructuring arrangement is designed to protect creditors.
Samuel Casey
,
05 February 2025
Brokers
Howden to remain a 'magnet of talent' for insurance industry: CEO Howden
The broker CEO explained talent is what drives organic growth.
Abbie Day
,
05 February 2025
Commercial lines
US insurance rates hold flat in Q4: Marsh
The Pacific region led the quarter’s price decline at -8%.
Rachel Dalton
,
05 February 2025
D&O (Directors and Officers)
Trump’s DEI takedown in D&O focus as investigations, civil penalties loom
Anti-DEI shareholder activist groups are targeting directors and officers with increasing threats of litigation.
Danielle Ling
,
03 February 2025
Reinsurance
TransRe promotes Rose and Rhodes, confirms Taylor’s retirement
Andy Taylor spent more than 25 years with the company.
Jai Singh
,
05 February 2025
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